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Real Estate Market › Marketing Services Agreements

Buchalter

CFPB Withdraws Former Marketing Services Agreement Guidance; Issues New Frequently Asked Questions Regarding RESPA Section 8 and...

Buchalter on

On October 7, the Consumer Financial Protection Bureau (CFPB) took steps to clarify its interpretation of how settlement service providers may comply with the “no kickback” and “unearned fee” provisions of Section 8 of the...more

Ballard Spahr LLP

CFPB investigating Zillow for RESPA compliance

Ballard Spahr LLP on

For years many industry participants wondered if allowing their real estate agents or loan officers to engage in co-marketing on Zillow Group applications and websites posed a risk to their companies under RESPA. The...more

Bradley Arant Boult Cummings LLP

Marketing Services Agreements Pose Grave Compliance Risk – Mortgage and Real Estate Industry on Notice

Bradley Arant Boult Cummings LLP on

The CFPB issued Compliance Bulletin 2015-05 (Bulletin) today, which sets forth its position concerning the use of Marketing Services Agreements (MSAs) by mortgage companies and settlement service providers. Importantly, the...more

MoFo Reenforcement

CFPB Watch: MSAs Going the Way of Arbitration Clauses?

MoFo Reenforcement on

Following a now familiar approach, the CFPB issued a bulletin today that suggests deep disapproval of an entirely legal practice. This time, its target is marketing servicing agreements (MSAs), which are agreements that...more

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